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now is the moment to rise above that cynicism and show the american people that we can still do big things and so he will make the case to congressional leaders that we must reject the politics of least resistance and take on this critical challenge. joining us now is the senate's top republican who will be a key participant in today's talks. senator mitch mcconnell. welcome back to "fox news sunday." >> glad to be here. >> let's start with what happened and from your perspective, where do things stand now ahead of this meeting tonight at the white house. >> well, unfortunately, as the speaker said, they are insisting on the white house and congressional democrats, insisting on really big tax increases as a condition to do anything on the spending side. bret, we believe the president was right back in december when he signed a two-year extension of the current tax rates of raising taxes in the middle of this economic situation we're in is a terrible idea. i mean, just look at the unemployment figures last friday. all the arguments the president used in december still work today. th
that is not the whole story? >>guest: you are right. people forget, and i forgot that obamacare, the big health care reform bill had half a trillion of new taxes over the next 10 years including tax on health insurance companies on investment income and hospitals and pharmacy companies and on employers so it is a major tax increase, the biggest ever in the last 25 years. people forgot about it so when democrats say to make it balances we need a tax increase, what we wrote today, didn't you just pass a big tax increase last year? you want $1 trillion increase on top of that? >> and so many of the tax increases do not come online until years down the road, so, although it was passed, and you think you may not have been slapped with it yet, in 2013 and 2015 and 2018 you will be. >>guest: gentleman that is why people for got. they did not take place until 20 thin or 2014 and some in 2018 for the health care plan. the question we have to ask, then, can the economy really get out of the rut with 9.2 percent unemployment and 14 million unemployed with $500 billion tax increase already in the works and, the
limit talks, some governors are making big policy strides and who is moving in the right direction and who has got it wrong? plus, school may be out, but school choice appears to be in. some good news from the front lines of education reform. and the war against girls, a closer look at a controversial new book that documents the increasing phenomenon of sex selection and the consequences of a world full of males. welcome to the journal editorial report. i'm paul gigot. the state of the state with leaders in washington still bogged down in debt limit talks, some governors are making real strides in the fight to balance their state budgets and others are falling into the same old tax and spend facts. wall street columnist, dan henninger and kim strassel and senior economics writer, steve moore. dan, this may be the most c consequence time, which states first, are making progress and what nr' doing. >> well, the state, i think, is making some of the most interesting progress in florida with the republican governor rick scott. rick scott came in on a pro business agenda and said he was
for john boehner, i think boehner was exactly right, his instincts were let's get a big deal, the problem is he couldn't sell it to his caucus dominated by tea party who consider themselves patriots, but this -- >> six months ago you heard bill talking about it with stuart varney, said we shouldn't be raising taxes in a down economy. andrea. >> he's absolutely right. these crazy tea partiers that bob loves to blast every chance he gets have the same position that president obama essentially had in 2006 when he said we shouldn't vote to raise the debt ceiling and if we did it would be irresponsible so the president, big political issues on the line but i agree with bob in one respect, john boehner has real trouble within his conference. there are members of the gop caucus that have come out and said we're not voting for any kind of deal as long as it includes raising the debt ceiling so boehner does have to work with democrats. big challenges on both sides. heather: democrats bob certainly have a problem, a lot of them are saying no cuts to social security, no cuts to medicare, no cuts to
are expressing here. is what every small medium and big-size business owner thinks and believes now. big government, big spending, big tax. big entitlement government produced enormous cost and uncertainty. >> go ahead, bob. >> bob: can i have something to say between the anarchists going along with this. >> it's government, bob. >> bob: the person from pepsi and coca-cola both signed the letter from the chamber they wanted to see the debt ceiling thing go through. and the second thing is when you sit back and say this is the biggest scam on the american people. >> ever. >> bob: the biggest scam is allow you guys and tea party people taking the country over the edge which is what you're doing. it's not patriotic. as i said all week, anarchists. >> by the way -- >> we're almost over. they have a vote on "cut, cap and balance" tomorrow. so you know, so we're almost out of the woods. >> okay. >> greg: awesome. >> andrea: all right. we have more to get through. stay with us. don't forget, we want to hear from you so e-mail us at thefive@foxnews.com. we'll be right back. ♪ ♪ >> eric: "the
passed by unanimous consent in the senate. >> the big difference is we have a much, much more ideological and left wing liberal president now than we had in bill clinton who was much more practical about this. president clinton acknowledged and accepted the proposition that we ought to get on a path to a balanced budget. >> liberals with long memories cite the degree to which the house speaker, newt gingrich then, john boehner today, exercised control over their own caucuses. scot lilly, now a senior fellow at the center for american progress, argues gingrich could more easily forge a deal because gingrich was more involved than boehner in recruiting the freshmen. >> he was timetable bring them along. he was part of their revolution in a way. speaker boehner is seen, i think, within the conference as a more moderate voice. i think he's not as trusted by the conservative elements within his -- within the republican conference. >> analysts also cited the rise of the internet, which serves some say to inflame opinion on both sides and make compromise more difficult, and the economy. the unem
people but a lot of confusion among those in washington as to what is really happening. and that is a big part of the problem. both sides of the aisle are able to sell their point and sell their position to the american people and i think the membership are saying, okay, if he said it is true it must be true. >> i don't think that is true. these people are pandering and it is not just obama. everyone is a pandering, government spending is taxation. this is the highest government spending as a share of g.d.p. in the history of the united states since world war ii. bill clinton cut government spending as a share of g.d.p. dramatically. bush and obama have increased it dramatically. it's a real problem. now, our tax rate is lower. yes. but tax rates only do the amount of money you collect. not the amount of debt you erupting up which is, really, what taxes are in this system. so, you have to cut government spending in this. it is not a time -- if i went to my boss and i said, my wife and i are way overspending, i want to do a balanced approach, would you pay me more and i will cut become on
and that could seem like a big hit, but close to 97 points today, but obviously celebrated by day's end but with the losses here, we are battling reaction to not only no progress on talks in washington, but not much good news on the economy, in general, with more indications of that from a hot -- host of companies including merck laying off 13,000. and at 6:00 p.m. eastern, we are waiting for two hours when the house of representatives will take up the boehner measure. that is the measure that will include a balanced budget amendment to make it more palatable for conservative members who did not quite fine it their cup of tea. the tea partyers were not fond of it and even if john boehner gets the vote what happens after that? harry reid has all but said he will table it, and it is not going anywhere, and he has his own plan in the senate which will be introduced this weekend, which is not palatable to all of his members and may not make the 60 vote he needs and after the senate would not get any support in the house of representatives. so we are at loggerheads. reaction from republican
ingle downtown in new york. gregg: there's a big battle going on over spending, it actually shut down the state of minnesota. lawmakers failing to meet a budget agreement for the midnight deadline last night. so the government is closing up shop. both sides, still at odds over how to eliminate a $5 billion state decifit. >> the democrats and republicans need to stop acting like crips and bloods, gang members. >> i just don't understand how when you shut down a government and we shut down all of these jobs that are going to be lost right now, how are you going to increase and solve a budget crisis when you're not employing people? how are you going to solve that problem? it doesn't make logical sense. >> you never know how long it's going to be so i don't know want my plants to die. they told us to do that, get ready. >> stu join us, democratic governor, republican legislature, you can see this one coming down the pike. i wonder how it's going to end and who will get the blame. >> that's the question, who gets the blame but you're right, this is a standoff taking place across the count
. the indication that we're getting now is that this is a big deal, that this is going to be very large, and that everything is going to be on the table as far as bringing the corporate tax rates down, closing tax loopholes, but also cuts in entitlement programs, medicare, medicaid, possibly talking about social security and changing the way it works in the long term. these are big items that obviously could not get done legislatively before the august 2nd deadline. if there was some agreement reached between the leaders to raise the debt ceiling and agree to the framework by which they are going to tackle these big ticket items, that would be a significant thing. and it seemed like both parties were so far apart it will be interesting to see through the weekend if there can be some negotiated deal on a big framework. martha: it's interesting, bret because we've heard a little bit of what has come out of the preliminary discussions that vice president biden was part of. it seemed as though in those discussions they would talk big dollar figures although they wouldn't talk about specific
of pirates is having a big impact on the world economy. we will explain. but first, early look at president obama's re-election effort. [ male announcer ] this...is the network -- a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more amecans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... f greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impossible to say. this just in. friday, the pentagon will appeal the controversial "don't ask, don't tell" policy that has kept gays from openly serving in the military. according to the law, a 60-day waiting period goes in effect for the policy is officially implemented. other words, in two months. >>> the federal election committee says john edwards should repay $2.3 million to the federal government after audit found he received matching funds after dropping out of race. edwards'
finally came out publicly with a bipartisan, big, tough plan, a framework for how to deal with our very real challenge with our record deficits and debt. it's my hope that the senate will consider cut, cap and be balance, defeat it and then put a responsible plan on the floor, one that shares the sacrifice across all the areas of our budget and that puts forward the kind of framework that everyone can support. bill: okay. on the cut, cap and balance, so you agree with harry reid that this is a waste of time on a balanced budget. why would a balanced budget amendment when polls show 72% of those surveyed favor it, why would you be opposed to that, senator? >> i don't speak for leader reid, obviously, but what i think the leader was suggesting was that with ten days left until we default on america's mortgage, we should be focusing on things that have a very real chance of passage in both houses and that can avoid the catastrophic consequences of defaulting on america's debt. i think leader reid and many of us in the senate are concerned that if we simply keep ping-ponging back and forth
, and it cracks. what happens is the road actually buckles or explodes, as they say, which leads to those big, major potholes. that causes traffic jams, it also leads to city budgets being drained because of the work crews. it's not just the roads. you look at some of the homes. again, the ground dries up, no rain to moisten it, and what happens is it cracks. and when the ground cracks, your home settles. when your home settles, the foundation -- as you can see there -- cracks. it is a major, major concern. listen to this. >> we're just noticing them all over the outside of our house. i am worried. um, i don't know what to do, i mean, do i keep my hose on or my sprinkler on? >> reporter: when the temperatures stay in the 90s for extended period of times, the -- periods of time, the problem for farmers is trying to keep their animals and plants cool, and it's almost impossible, so you have many animals that are dying. that leads to rising food prices. listen to one farmer. >> those birds were full size, current goes off, i've got less than five minutes to get fans running. and if it fries some
of the day tomorrow and most of the day afternoon showers pop up and monsoonal flow work in . no big storms to worry about . 95 degrees in minneapolis . 96 in kansas city . tomorrow, a bit of the a relief and a big heat wave in the north tapering off as the front approaches. if you are in the southwest, it is a scorcher. 11 until phoenix and in california, summer comes your way. that's the latest. we'll be right back. [ male announcer ] if you think "heroes" are only in movies, consider this: over 70% of firefighters are local volunteers... these are our neighbors putting their lives on the line. and when they rely on a battery, there are firefighters everywhere who trust duracell. and now you can join with duracell to help. just buy specially-marked packs & duracell will make a battery donation to local volunteers. these days don't we all need someone to trust...? duracell. trusted everywhere. >> maria shriver filed for divorce from arnold schwarzenegger. she cited irreconcilable differences in the paperwork which her attorney handed in today to los angeles superior court. the couple had b
jobs for christie's auction house, sure they are. for big, strong. >> i want to see numbers. you said millionaires and billionaires what he means are people making over $250,000. >> we already got the tax increases in obamacare. he has already passed taxes. now he wants taxes. >> name one tax increase? >> obamacare, conveniently not until 2014. >> not true. >> i give you credit. boehner is in a difficult spot because of the members of his con france that says he won't vote for anything, any kind of deal because we won't vote to raise the debt ceiling. he has to work with them. >> not all of you do not think it's a little difficult for boehner when people say nothing, absolutely nothing? grover norquist from k-street, he ought to be sent to gitmo as a terrorist for being a national. >> now you finally like gitmo. >> i like it for grover. that's for sure. >> can i make one other point? keep in mind the debt ceiling increase is not for the new spending but to pay for money appropriated by democrats and republicans alike. >> wait, wait, wait. what are you talking about? >> time-out. what
called worse. could we have a deal? welcome everyone, we're here on sunday because it could be a big day for our whole entire country. >> and the news is whether we've got a deal or not. shortly after ten o'clock last night. harry reid said you know, i was going to have everybody show up in the mid feel the night and take a vote at 1 a.m. and he received word from the white house that apparently, the white house and this really hacks him off, you know, because it kind of bypasses him, and former speaker pelosi, dealing directly with mitch mcconnell, joe biden 6789 it sounds like they've got a deal, and close to a deal and some of of the frame work as well to talk about it. yeah, it looks like it's been going back and forth and take a look, it looks like debt ceiling increase, 1.2 trillion to 2.4 last night last through the night and living in my office, as high as 2.8 trillion dollars in debt ceiling increases, spending cuts have to be about the same amount commensurate. >> dollar for dollar. >> at least if not more. >> and guys, there's a little bit of wrangling whether or not that bala
obama says he's not giving up. he didn't come to this town to do little things, he came to do big things. he wants to do the largest possible deal that's going to do the most for the economy. >> there is a lack of confidence whether these political leaders will have the guts to stand up. >> and that was white house chief of staff william daily and treasury secretary timothy geithner from earlier. geithner summing it up in this question, are the electoral leadership in washington able to come together and solve the many problems we have as a country? >> pretty much what everybody wants to know is the time to deal with our nation's debt is ticking down again. let' go live to the white house, and wendell goal ser there. what do we expect to come out of tonight's talks? >> well, harris, no one expects the final deal to come out of tonight's talks. the president had asked the democrat and republican leaders if the house and senate could come tonight's meeting with their bottom line and he talked on the phone with house speaker john boehner last night after boehner decided to back away from ta
at this hour? that is the big question that people want the answer to. the lawyers were successful disguising where she went in the overnight hours. even the press not able to keep up with her. cameras shooting this video of casey anthony walking out of the front doors of the orange county jail at 12:11. wearing pink me low shirt, hair in a bun and the primary defense attorney jose baez right by her side. they got in a motorcade, a gray suburban, a cream colored tahoe and white follow-car and drove directly from the location to a bank of of america building in downtown orlando, not far from here, where her other attorney has an office. they went in covered parking garage and pulled a bait and switch. the suv never emerged from the parking garage, but others cars did and it's not clear which one that casey anthony was in. we can tell you around the same time there was police activity across town at a private airport. a private plane was fuelled up and ready to go on the runway, but nobody saw casey anthony boarding the aircraft. officials telling us it was scheduled to carry golfers vacationin
name kidnap her. that was a big fat lie. warm welcome for soldiers returning home from war. more than 50 national guard troops returned to cedar rapids, iowa, after spending a year in afghanistan. about 2800 men and women will return home to the area in the next few days. this is the largest deployment that the state has seen since world war ii. and those are your headlines. >> let's talk about what's going on. couple of days ago, we heard the president of the united states say don't call my bluff, eric cantor and i'll take my case directly to the american people. today, the president is going to take his case to the american people. he has a press conference this morning at 11:00 a.m. >> we'll see what he says again. there's no talks today, folks. they've been doing them every day this week. there was a rumor maybe they'd go to camp david this weekend but not sure if that's going to happen. no talks today. >> fascinating to see after an hour and 19 minutes yesterday that eric cantor did not say a word today, yesterday, and on thursday. now the president for the second time this week
quickly. that's still four or five years away and maybe deep space beyond. that's where the big questions are, whether we're going to follow through on that promise. >> you just described to us earlier how this is a record breaking crowd there at the kennedy space center. tell us what happened when the shuttle landed. >> for the first time in my coverage of the space shuttle landings, there was a huge round of applause as it landed. a lot of excitement. and there certainly is the sense of wow, this is really it. this is the very final time we're going to see this down. it's a little bit of a drag that it was predawn. it's really hard to see. usually see the shuttle approaching the runway because the lighting change on the runway lights being obscured by the shuttle coming in but then come flying behind us on the runway with a big parachute out dragging it down to a slower speed but certainly there was a lot of pride, i think, here watching this end of an era and, of course, you know, we had the big private commercial taxi service you mentioned, tom, in october, i believe, the big falcon l
a lot. he want as big deal. will he and the president find a compromise? guess who is back? nancy pelosi, your favorite friend, the foam house speaker is back at the table and is in open the debt talks and wants to point the fingers at ... guess who? >> day one of 85 of the republican majority in the congress and we have not seen one jobs bill come to the floor. >>dave: day 185. we expect the republican congress to create jobs in less than a year yet the democrats had four years in control of congress and did what for jobs? >> and the day of fast tush around in the media and all at, quick response from romney about her comments. listen to this. uncertainty is probably the one thing, a heck of a problem. is my company going to be here? it is tough. things have to change. have to change. >>dave: that ad in response to comments early this week, from the senior advisor to president obama who said people will not vote based on the unemployment rate and jobs numbers but based on their situation. well, their situation is the unemployment rate. it is the jobs numbers. that is their reality. so,
the economy still in big trouble. look at this. a slowdown in hire anything june pushing the unemployment rate now to 9.2%. only 18,000 net new jobs were added to the work force last month. at least 250,000 jobs are needed per month to drive the unemployment rate down significantly. and get this, since president obama took office we've seen the economy lose two and a half million jobs. president obama assuring americans there is a reason the numbers are so disappointing. listen to this. >> the sooner that the markets know that the debt limit ceiling will have been raised and that we have a serious plan to deal with our debt and deficit, the sooner that we give our businesses the certainty that they will need in order to make additional investments to grow and hire, and we'll provide more confidence to the rest of the world as well so that they are committed to investing in america. >> molly henneberg live for us at the white house with more on the president's reaction. molly? >> hi, gretchen. clearly not the type of monthly jobs report any president wants to see. unemployment up for the third
fireworks on the final day of testimony in the amanda knox appeal. she cored a big victory when dna found in the crime scene was unreliable. knox and her boyfriend were found guilty of murdering a british exchange student. she was sentenced to 20 years behind bars and the trial is expected to go in recess and pick up in a few weeks. it is called the nuclear option and a push to solve the debt crisis by envoking the 14th amendment. is it a smart move? we'll talk to the democrat behind the big push. >> new englands coming in from the agency responsible from -- for grading the nation. >> there is a lot of crisis that we can't predict or avoid. hurricanes, earthquakes and tornado terrorist attacks. this is not one of those crisis. hey, the new guy is loaded with protein! really? 25 grams of protein. what do we have? all four of us, together? 24. he's low fat, too, and has 5 grams of sugars. i'll believe it when i--- [ both ] oooooh... what's shakin'? [ female announcer ] as you get older, protein is an important part of staying active and strong. new ensure high protein... fifty percent of yo
point. that's not a big deal. a lot of that is tied to greece and not what's happening in washington, is it not? >> reporter: let's put this into perspective. broadly speaking you could say the following. if there is no deal on this debt problem by that deadline in early august, if there is no deal you will probably see the stock market retreat big time. if surprise surprise there is a deal, and the debt ceiling is raids and we borrow some more money and we don't default, you can expect stocks to go straight up. that's the situation we are in. what i'm saying is you are going to see an awful lot of up and down with your money hour by hour. that's the way this week is going to be. bill: stuart varney. u.s. secretary of state hillary clinton is saying she is sure a debt deal with be reached. >> i'm confident congress will do the right thing and secure a deal on the debt ceiling. and work with president obama to take the steps necessary to improve our long-term fiscal outlook. bill: no coincidence she made those comments in hong kong. can both side make a deal? senator ron johnson, a ne
's casey anthony released shortly after midnight. last night -- night before last. the big question now is where did she go? >> right, where is she? >> where did she go? we know that after the courthouse right there, they went in a series of cars over to a parking garage where her attorney was. next thing you know, we don't know. >> possibly the old switch-a-roo there. >> she's facing the possibility of some lawsuits so she can't completely disappear so we may see her popping up again. right now, we don't know where she is and that's incredible really when you think about the amount of attention that this has gotten and that everyone knows what she looks like. >> it was amazing. had to go through some precautions. for a woman without a budget, it's amazing the amount of money we were spending on her, her safetyher future for now anyway or maybe somebody is keeping a tab because she probably will be coming into some money soon. they called up her parents and said do us a favor, show up at the hotel, excuse me, at the prison, and go -- and be a good decoy for the press who are going t
to be a big divide. how do you tweak that to make the two of them happy? that might be a tall order. i can't think what would make the tea party satisfied with this bill, but balanced budget amendment? >> right. there has within talk around here unconfirmed that that is the sweetener being added to the boehner bill, a balanced budget amendment. but really this is an extraordinary evening in an extraordinary episode, greta, one that political scientists will be studying for 50 years or more. we watch both divided government at its most dysfunctional. and a president who to many observers appears to be side lined for the time being as -- congressional leaders work behind closed doors to hammer this out and deep divisions whereby a powerful speaker john boehner is having difficulty coralling votes he needed. remember he lost 59 republican votes. you have this large freshman class, 80 members, a lot backed by the tea party and elected here to, on a promise of cutting spending and take one exyampem. tim scott from south carolina was one of two freshman for the first time ever given a seat at th
. they are testing to see if this might work. big news coming out of washington. president obama says there will be a deal to raise the debt limit by the 2nd of august deadline. but the president insists that deal has to include tax hikes for the richest of all rich americans. something republicans are still refusing to accept. the president and house speaker john boehner spelling out their demands at a news conference or series of news conferences today before the latest rounds of talks at the white house. the president saying he is bent over backwards to work with g.o.p. leaders on spending cuts and that he is willing to take significant heat from his own party. now, he says it's time for republicans to do the same. the president used himself as an example as really someone who can afford to give up a few tax dollars. >> i do not want and i will not accept a deal in which i am asked to do nothing in fact, i'm able to keep hundreds of thousands of dollars in additional income that i don't need. if you don't have revenues, it means you are putting more of a burden on the people who ca
. >> thanks molly. >> president obama drawing a big line in the sand today. delivering a fiery weekly address repeating challenge to republicans to act -- to accept higher taxes on the wealthy. peter doocy reports from washington. >> reporter: today is july 2nd. the administration says the debt limit will be reached august 2nd. president obama says to tackle our massive national deficit, tax breaks must be targeted with wasteful spending but nothing is off the table. and it is time the government stars living within its means like families do. >> the president: it would be nice if we could keep every tax break, but we can't afford them. if we choose to keep those tax breaks for millionaires and billionaires or hedge fund managers and corporate jet owners or for oil and gas companies pulling in huge profits, without our help, then we'll have to make deeper cuts somewhere else. >> reporter: the president says anything is possible. most republicans are probably going to disagrees. they will not get behind any tax hike. in the weekly gop address senator coats from indiana says the president shoul
business leader thing thinks and believes now, big government, big entitlement government has produced enormous cost and uncertainty for all of these businesses. >> go ahead, bob. >> can i please have something to say between you anarmists here. the person from pepsi and coca-cola signed the letter from the chamber they wanted to see the debt ceiling thing go through. and when you sit back here and say this is the biggest scam on the american people -- >> ever. >> ever. >> the biggest scam is to allow the tea party to take the country over the hill, over the edge is what you are doing. it is not patriotic. it is anarchist. >> we are almost over. a vote on cut, cap and balance tomorrow. just so you all know so we are almost out offed woods. >> okay. awesome. >> a lot more to get through. we want to hear from you so e-mail us at thefive.com. we'll be right back. hi, anne. how are you doing? hi, evelyn. i know it's been a difficult time since your mom passed away. yeah. i miss her a lot, but i'm okay. wow. that was fast. this is the check i've been waiting for. mom had a guaranteed accept
was a big month for american auto makers. cite her says -- chrysler says sales was up 30%. general motors and ford report 10% increases. toyota and honda were off more than 21%. home construction fell 2.1% in may. overall, construction spending was down .6 of a percentage point. it could be four years before the construction returns to healthier levels. manufacturerring activity was up a bit in june after the worth month in two years in may. stocks ended the week on a high note. dow gained 168.5. s&p 500 up 19. nasdaq finished up 2.5. >>> governors in two midwestern states find themselves under fire tonight. one for not getting a budget deal done and another for the budget dealhe did get done. correspondent mike tobin has that story from chicago. >> with protesters already outside his door, ohio republican governor john kasich dove deeper in controversy signing a budget that closes a $6- to $8 billion budget gap with deep and painful cuts. hardest hit are private nursing homes with a #% reduction in medicaid funding. the powerful ohio healthcare lobby responded with a dramatic add campaig
thought it was going to be resolved, the nfl labor situation hits snoer big snag. >> this is amazing, the owners say we've ratified a deal. let's play ball and open up the gates on saturday. the players say wait a second, we haven't read the whole thing. how dare you end the longest standout and lockout in this league without our permission? listen. >> we can all work quickly expeditiously and get this agreement done. it's time to get back to football. that's what everybody here wants to do. >> i've never seen anything like that. the players wanted more time to study the last minute changes. they have a lot more players than owners. now they feel a little stand-offish, the delay means camps won't open tomorrow, perhaps and the hall of fame game that is the official launch for the preseason which is the nfl season is canceled. and every week of preseason that is canceled, average loss of $200 million for players and owners. >> big deal. >> can't we all just get along? >> how can you end a fight without the other person's permission? how can you end a stand-off without the other per
to demand, you are contributing more to this problem or as much to this problem of the big deficit. >> government cannot create wealth. come on. we have come out three years where government by spending massive amounts it could create jobs and create wealth and you've seen that. >> history is full of examples. reagan saw tax cuts and growing economy. clinton years saw tax hikes and a growing economy. but don't confuse with causation it's cumulation of trillions of goods, services and money. no one person, no president and no economist can predict with certainty where a tax policy leads. wrong predictions are a foundation of economic study. >> the size of economics is looking what the unintended consequences. >> one unintended consequence is tax on luxury goods in the early 1990s. the law imposed extra taxes on jewelry of $10,000 of cars of over $30,000 and boats of over $100,000. it was seen as a way of raising revenue by targeting people that could most afford it, the wealthy. the pleasure boat industry laid off 19,000 blue collar workers. so economists offer answers but few guara
speaker john boehner today. not going for a big huge deal now. this is part of what chuck schumer had to say -- >> shannon: your response? >> i suspect that is more of the grand politics that you hear playing out there. because it was never put on the table. the kind of reform that john boehner has been asking for, the kind of reform i'm talking about. what was put on the table was again, tax hikes on the wealthy. so that we can do less spending reduction. we've got to get out of that paradigm. we've got to get out of the politics. some of the politics poll really well. one of the problem we're having now is pollsters are at full employment. and politicians are following what they are telling them. it's telling them on the one hand don't put social security or medicare on the table. don't talk about those things. on the other hand, just talk about taxing the rich. you will be fine. but that doesn't help us get to a solution. >> shannon: we certainly hope that you find one. we know you are busy not only with the gang of six or five or whatever it currently stands to be but with everyth
. the boehner bill has capped on the spending so that seems to be a big divide. how do you tweak that to make the two of them happy? that might be a tall order. i can't think what would make the tea party satisfied with this bill, but balanced budget amendment? >> right. there has within talk around here unconfirmed that that is the sweetener being added to the boehner bill, a balanced budget amendment. but really this is an extraordinary evening in an extraordinary episode, greta, one that political scientists will be studying for 50 years or more. we watch both divided government at its most dysfunctional. and a president who to many observers appears to be side lined for the time being as -- congressional leaders work behind closed doors to hammer this out and deep divisions whereby a powerful speaker john boehner is having difficulty coralling votes he needed. remember he lost 59 republican votes. you have this large freshman class, 80 members, a lot backed by the tea party and elected here to, on a promise of cutting spending and take one exyampem. tim scott from south carolina was one o
today's astronauts did to get set for a mighty big flight. >> two stager... command in the center. shepard: all as we prepare for sts 135, the final mission. shepard: and good morning again from kennedy space center, along the space coast in florida, and, right now we're waiting for the grand finale of the american space shuttle odyssey. we have just gotten word from forecasters at nasa the last few minutes they are cautiously optimistic that the weather may hold, and there was just a 30% chance of acceptable weather and we're told we're on target for an 11:26 lift off for the international space station. now there's a lot of cloud but the ceiling is high and the worry was there would be spotty showers here and there and the shuttle cannot take that. the rain could damage heat shields and would be difficult to return should it go into the atmosphere, an estimated 750,000 people have come here to watch this happen and a live look at the space shuttle and the four american astronauts preparing for this historic mission. a 12-day voyage, set to end when atlantis returns to earth on t
and cuff links and cowboy boots in the ring with him. >> yahoo. >> mike: don't touch my junk food. big government getting bigger and advertisers in the food industry say they feel pressured by new federal guidelines. shouldn't parents decide what their kids eat. "fox & friends" sunday morning continues right now. ♪ >> hey, everybody, good warning by mike jarrett there. >> ainsley: good to see you. >> mike: and gets better looking every week. >> dave: you, too, sweetheart. >> ainsley: we're glad to be waking you up this morning. hope your family is doing well. >> dave: the best news for all of you saturday night we thought a big deal was going to happen. and now it appears that a smaller deal is on the way because john boehner late last night made the announcement that we're giving up talks on that grand deal that's been discussed where republicans would give in on tax hikes, democrats would give in on entitlements and this guy what john boehner had to say. >> now, we can't agree if there's any new taxes involved and of course on the other side the democrats say here we go. >> so, bo
's a big chance the defense is taking to go after the father of the defendant. when have you ever seen that in in any trial in this country? and yet, baez diecided that he had to raise questions about george anthony so the jurors would go back to the deliberation room to say too many questions in this case to be certain enough to convict on first degree murder. somehow the duct tape got on caylee's mouth. baez is trying to plant the seed that maybe george anthony did it for some bizarre reason, who knows? but again, it isn't the defense burden to prove anything and if the jury has these free floating question marks, some anxieties about the burden of proof, that could be enough to get either not guilty or as was pointed out a couple of moments ago, a couple of hold up jurors who said i'm not going to convict casey anthony of first degree murder. there's not enough evidence to convince me beyond a reasonable doubt. >> great to see you this morning. thanks so much. happy fourth of july to you and to your viewers this morning, we want to let you know that at 8:30 eastern time, continuing
to and in, on the other hand you are contributing more to a problem or as much to the problem of the big deficit. >> government cannot create wealth. we came out of three years where government has told us by spending massive amounts, it could actually create jobs and hence create wealth. we've seen it work. >> history is full of examples. reagan years saw tax cuts and growing economy. clinton years saw tax hikes and growing economy. economic trends a culmination of trillions of exchange of goods, services and money. no one person, no president and no economist can predict with certainty where a tax policy leads. wrong predictions or a foundation of economic study. >> the science of economics is looking what unintended consequences. >> one consequence, they made a tax on luxury goods, jewelry over $10,000. of cars over $30,000 and on boats have over $100,000. it was seen as a way to raise revenues by targeting the wealthy. as a result, car importers lost 20% of the market share and pleasure boat industry laid off 19,000 blue collar workers. so there are answers but few guarantees of succ
of the midwest. >>> those power companies are asking people to conserve where they can. >> gregg: big question when can folks expect relief from this sticky heat. meteorologist maria molina in the extreme weather center? >> depending on where you live. in you live in the upper midwest or northeast you are expected to get relief. parts in the southern plains, oh man, texas and dallas, texas and triple-digits for days to come. parts in the southeast are not expecting any relief. northern parts, a cold front is going through the region but 95 in new york city. and it feels like 101 in new york. 106 is dallas, texas. so those dangerous levels of heat and humidity. there are a number of affected heat warnings out for those areas shaded in red also across portions of the midwest. that is where we could see heat index values up to 120 degrees. take a look at them from yesterday. 124 in wilmington, delaware and many other areas are looking at extremely high heat index values. throughout the great lakes it is going to produce some severe weather. as we head into tomorrow, it will look better but still
, some real big news, actually, because speaker boehner, it seems, may have a plan that will come to fruition, before 4 p.m. this afternoon so that the asian markets aren't rattled and it will involve sort of a two pronged approach. >> yeah, but the most important part of the two step process clayton mentioned there's going to be a short-term extension involved and the democrats have objected to that, as you know, from the very beginning, the president, nancy pelosi, harry reid all three last night reiterating they will not support a short-term extension. so it appears we are playing with some serious fire on this sunday. >> what does john boehner do, comes up and hands over the paper work, they immediately say no. listen to this, thises what mitch mcconnell has to say about this. there is bipartisan agreement on the need to prevent fault and given the unprecedented size of the debt ceiling increase, the president is requesting, this is not an easy process. and the effort to prevent default while substantially reducing washington spending will continue. >> of course, all of the co
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